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STAMP DUTY CHARGE = Rs.

6,86,000 REGISTRATION FEE:Rs 10,0000

SALE DEED OF FLAT

THIS AGREEMENT made at GHAZIABAD this 30TH day of September 2016.

BETWEEN

M/s Makhan Real Estate Pvt. Ltd., which would be represented by Mr. Kamal
Kishore Khosla, son of Shri Chirunjilal Khosla resident of flat no. RT-508, Royal
Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh, 201014
hereinafter referred to as the VENDOR of the ONE PART

AND

Mr. Harbind Khurana, son of Shri Naman Khurana resident of C-19, Raj Nagar
Extension, Ghaziabad, Uttar Pradesh, 201020 hereinafter referred to as the
PURCHASER of the OTHER PART.

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WHEREAS

A. The VENDOR is absolutely seized and possessed of the land bearing Flat No
RT-508, situated at Royal Tower, Shipra Suncity, Indirapuram,
Ghaziabad, Uttar Pradesh, 201014 and hereinafter referred to as the said
land in Schedule- I.

B. The Vendor developed the said land and for that purpose obtained permission
of the Competent Authority under provisions of the Urban Land (Ceiling and
Regulation) Act vide his Order No. AS500/ 9768 dated 6th September,2008;

C. AND WHEREAS the Vendor had submitted the building plans to the Nagar
Nigam Ghaziabad, which have been approved by the Nagar Nigam
Ghaziabad n vide letter No BJ/6590 dated 10th October, 2008 subject to
certain conditions laid down in the said letter;

D. AND WHEREAS the Vendor has started the construction of the buildings as
per the building plans approved by the Nagar Nigam Ghaziabad enclosed
herewith at Annexure 1;

E. AND WHEREAS the Vendor has agreed to sell one 3 BHK apartment on the
SECOND FLOOR floor in the building No. fifteen constructed and having
the specifications hereunder written at a price of Rs 99,00,000 (Rupees
Ninety-nine Lakhs only) subject to the terms and conditions hereinafter
appearing.

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F. AND WHEREAS the Purchaser has inspected the documents relating to the
land, the order of the Competent Authority, site plans approved by the Nagar
Nigam Ghaziabad and is satisfied about the Vendors title to the said property
and the site plans of the proposed buildings;

G. AND WHEREAS the title of the Vendor to the said property has been
certified to be clear, marketable and free from encumbrances by M/s. ARSE
Solicitors and Advocates and a copy of the said title certificate is hereto
annexed at Annexure II;

H. AND WHEREAS the Vendor has agreed to sell and the Purchaser has agreed
to purchase the 3 BHK Apartment No 508 on the FIFTH floor in the
building the tower hereinafter referred to as the said Apartment on the
following terms and conditions.

NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED BY


AND BETWEEN THE PARTIES AS FOLLOWS:

1. DEFINITIONS AND RULES OF INTERPRETATION:

1.1 Definitions

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When used in this Deed, the defined terms set forth in this Clause shall have,
unless otherwise required by the context thereof, the following meanings:

1.1.1 Deed shall mean this SALE Deed and any and all Recitals,
schedules, annexures and exhibits attached to it or incorporated in it
by reference, and shall include any modifications to this Deed, as may
be mutually agreed in writing by the Parties.

1.1.2 Laws shall mean and include all laws, rules, ordinances, and
regulations from time to time in force in India.

1.1.3 Person shall mean an individual, body corporate, partnership, trust


or unincorporated association, and a natural person in his or her
capacity as executor, trustee, administrator or legal representative.

1.2 Interpretation

1.2.1 The terms referred to in this Deed shall, unless defined otherwise or
inconsistent with the context or meaning thereof, bear the meaning
ascribed to it under the relevant statute/legislation.

1.2.2 All references in this Deed to statutory provisions shall be construed


as meaning and including references to:

(a) Any statutory modification, consolidation or re-enactment


(whether before or after the date of this Agreement) for the time
being in force;

(b) All statutory instruments or orders made pursuant to a statutory


provision; and

(c) Any statutory provisions of which these statutory provisions are


a consolidation, re-enactment or modification.

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1.2.3 Words denoting the singular shall include the plural and words
denoting any gender shall include all genders.

1.2.4 Headings to clauses, sub-clauses and paragraphs are for information


only and shall not form part of the operative provisions of this Deed or
the annexures and shall be ignored in construing the same.

1.2.5 Reference to days, months and years are to Gregorian days, months
and calendar years respectively.

1.2.6 Any reference to the words hereof, herein, hereto and


hereunder and words of similar import when used in this Deed shall
refer to clauses or annexures of this Deed as specified therein.

1.2.7 The words include, including and among other things shall be
deemed to be followed by without limitation or but not limited to
whether or not they are followed by such phrases or words of like
import.

1.2.8 References to writing include printing, typing, lithography and other


means of reproducing words in a visible form.

2. GRANTS AND TERMS:

2.1 The Vendor agrees to sell and the Purchaser agrees to purchase the 4
BHK Apartment No 508 on FIFTH floor in the building tower of Carpet Area
admeasuring 1200 sq. metres as delineated on the plan thereof hereto annexed
and thereon shown surrounded by green coloured boundary line at or for a sum of

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Rs 99,00,000 (Rupees NINETY- NINE LAKHS ONLY). The Purchaser agrees
that out of the said amount of Rs 99,00,000 to be paid by him to the Vendor, a
sum of Rs 59,00,000 has been paid by the Purchaser to the Vendor on the
execution of these presents (the payment and receipt the Vendor doth hereby admit
and acknowledge) and the balance will be paid by installment as follows:

1. Rs 10,00, 000 (Rupees Ten Lakhs Only) on or before 25th


October, 2016

2. Rs 10,00, 000 (Rupees Ten Lakhs Only) on or before 25th


November,2016.

3. Rs 10,00, 000 (Rupees Ten Lakhs Only) on or before 25th


December 2016.

4. Rs 10,00, 000 (Rupees Ten Lakhs Only) being the final


balance to be paid before 15th January 2017.

2.2 The amounts payable under these presents are not paid within the time
stipulated, the Purchaser will be liable to pay interest at the rate of 18% per annum
from the due date of payment to the date of payment.

3. REPRESENTATION CLAUSE:

3.1 That the VENDOR hereby assures the PURCHASER that the VENDOR
has neither done nor been party to any act whereby the VENDOR's rights and title
to the said portion of the said property may in any way be impaired or whereby
the VENDOR may be prevented from transferring the said portion of the said
property.

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3.2 That the VENDOR hereby declares and represents that the said portion
of the said property is not subject matter of any HUF and that no part of the said
portion of the said property is owned by any minor.

3.3 That the VENDOR assures the PURCHASER that the said portion of
the said property is free from all kinds of encumbrances such as prior Sale, Gift,
Mortgage, Will, Trust, Exchange, Lease, legal flaw, claims, prior Agreement to
Sell, Loan, Surety, Security, lien, court injunction, litigation, stay order, notices,
charges, family or religious dispute, acquisition, attachment in the decree of any
court, hypothecation, Income Tax or Wealth Tax attachment or any other
registered or unregistered encumbrances whatsoever, and if it is ever proved
otherwise, or if the whole or any part of the said portion of the said property is
ever taken away or goes out from the possession of the PURCHASER on account
of any legal defect in the ownership and title of the VENDOR then the VENDOR
will be liable and responsible to make good the loss suffered by the PURCHASER
and keep the PURCHASER saved, harmless and indemnified against all such
losses and damages suffered by the PURCHASER.

3.4 That the PURCHASER have full right to nominate or assign this
Agreement to Sell in favor of any person or persons, be it a firm, body corporate
or association of person and the VENDOR shall have no objection to it.

4. TRANSFER OF POSSESSION & OTHER EXPENSES:

4.1 The Vendor shall deliver the possession of the apartment to the
Purchaser on or before 25th day of September, 2016. The vendor shall obtain the

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completion and occupation certificate in respect I the said apartment from the
Nagar Nigam Ghaziabad. The purchaser shall take possession of the apartment
within one week of a receipt of the notice of the Vendor to the Purchaser that the
said apartment is ready for use and occupation and that the completion certificate
and occupation certificate has been obtained from the Nagar Nigam Ghaziabad;

4.2 Vendor will deliver the possession of the apartment to the Purchaser
only if the Purchaser has paid all the amounts payable by him under this
Agreement to the Vendor and if he has duly observed and performed all
obligations and stipulations contained in this Agreement and on his part to be
observed and performed.

4.3 The Purchaser shall on or before the delivery of possession of the said
apartment keep deposited with the Vendor a sum of Rs. 3,00,000 (Rupees Three
Lakh Only) towards legal charges, expenses of formation of Association and
execution of these presents and other documents a required to be executed. The
Purchaser shall also be liable to pay expenses on account of stamp duty and
registration charges in respect of the Deed of Apartment.

4.4 That pending completion of the sale, the VENDOR neither shall enter
into any agreement of sale in respect of the said property or any part thereof nor
shall create any charges, mortgage, lien or any arrangement, in respect of the
said property in any manner whatsoever.

4.5 That the VENDOR has delivered the Photostat copies of all relevant
documents in respect of the said property to the PURCHASER.

4.6 That all the expenses of the Sale Deed viz. Stamp Duty, Registration
charges, etc. shall be borne and paid by the PURCHASER.

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5. RIGHTS OF THE PURCHASER:

5.1 The Vendor shall convey and assign all rights, title and interest in each
apartment to each purchaser after the completion of building and on receipt of all
payments, price, deposits payable by the Purchasers to the Vendor in respect of
all apartments/car parking spaces and other premises in the said building.

5.1.1 Subject to the Purchaser paying all sums payable to the


Vendor under this Agreement and performing and observing the
terms and conditions of this Agreement, the Purchaser shall be
entitled to peaceably hold and enjoy the Apartment without any
interference or obstruction by the Vendor on any person claiming
under or in trust for the Vendor.

5.1.2 The Vendor shall maintain a separate account in respect


of sums received by the Vendor from the Purchasers of the
Apartments as advance or deposit sums received on account of
the legal charges and execution of other documents required to be
executed, and shall utilise the amounts only for the purposes for
which they have been received and after transfer of the said
property, the balance amounts shall be paid and transferred by the
Vendors to the flat purchasers.

5.1.3 The Vendor shall pay all outgoings, including ground

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rent, taxes, assessments, dues, duties, impositions and outgoings
up to the date of delivery of the possession to the flat owners and
transfer of the building is complete.

5.2 That the house tax, water and electricity charges and other dues and
demands if any payable in respect of the said portion of the said property shall
be paid by the VENDOR up to the date of handing over the possession and
thereafter the PURCHASER will be responsible for the payment of the same.

5.3 That the PURCHASER shall have, as a matter of right, right to use all
entrances, passages, staircases and other common facilities as are available in
the said Building. That a separate electric meter and water meter have been
provided in the said building for the exclusive use of the owner(s)/occupants of
the said portion of the said property.

6. DUTIES OF THE PURCHASER & MAINTENANCE:

6.1 The Purchaser shall use the apartment or any part thereof or permit the
same to be used only for the purpose of residence and the Purchaser hereby
covenants with the Vendor as follows.-

6.1.1 He shall maintain the apartment at his own cost in good


tenantable repair and condition from the date of taking over
possession of the apartment and shall not do or suffered to be
done anything in or to the building in which the apartment is

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situated, staircase or any passage which may be against the
rules, regulations, or bye-laws of Nagar Nigam Ghaziabad or
any other authority or change/alter or make addition in or to
the building in which the apartment is situated and the
apartment itself or any part thereof.

6.1.2 He shall not demolish or cause to be demolished the


apartment or any part thereof nor at any time make or cause
to be made any addition or alteration of whatever nature in
or to the apartment or any part thereof.

6.1.3 He shall observe and perform all the rules and


regulations which the Association of Apartment Owners may
adopt at its inception and the additions, alterations or
amendments thereof that may be made from time to time for
protection and maintenance of the said building and the
apartments therein. The Purchaser shall also observe and
perform all the stipulations and conditions laid down by the
Association of Apartment Owners regarding the occupation
and use of the Apartment in the building and shall pay and
contribute regularly and punctually towards the taxes,
assessments, dues, duties and impositions, expenses or other
outgoings in accordance with the terms of this Agreement.

6.2 That the proportionate common maintenance charges will be paid by


all the occupants/owners of the said building in proportion of the area occupied
by them. That the PURCHASER shall have full right of access through staircase
to the top terrace at all reasonable times to get the overhead tank
repaired/cleaned etc. and to install T.V. Antenna.

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7. WAIVER:

7.1 Any delay or indulgence on the part of the Vendor in enforcing


any of the terms of this Agreement or any forbearance or giving time by the
Vendor to the Purchaser shall not be considered as a waiver on the part of the
Vendor and he shall be entitled to take action against the Purchaser for the breach
or non-compliance of any terms and conditions of this Agreement by the
Purchaser.

8. AMENDMENT:

8.1 This Agreement may be amended, modified or altered only by


an instrument in writing duly executed by both Parties hereto.

9. STATUTORY COMPLIANCES

9.1 The Parties hereto undertake to observe and comply with all
laws, orders, rules, regulations and other legal requirements and notifications in force
from time to time, as applicable to them.

9.2 This Agreement shall not be construed as a grant, demise or


assignment in law of the said apartment or of the said land and building or any part
thereof.

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10. NOTICES:

10.1 All notices to be served on the Purchaser as contemplated by


this Agreement shall be deemed to have been duly served to the Purchaser by
Registered Post A.D. at his address specified below:

Viz :

Mr. Harbind Khurana,

C-19, Raj Nagar Extension,

Ghaziabad,

Uttar Pradesh, PIN-201020

11. JURISDICTION:

11.1 This Agreement shall be governed by and construed in


accordance with Indian law and for disputes between the Parties under this
agreement the Courts in Uttar Pradesh will have exclusive jurisdiction.

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IN WITNESS WHEREOF the parties hereto have hereunto put their respective
hands the day and year first hereinabove mentioned.

The Schedule I above referred to

Annexure I

Annexure II

Annexure III

(MR. KAMAL KISHORE KHOSLA)

Signed and delivered by the within named Vendor

(MR. HARBIND KHURANA)

Signed and delivered by the within named Purchaser

WITNESSES:

A. Seller -
1. Mr. Akshat Mittal, 48 years old r/o U-68,Windsor Society, Vaibhav Khand,
Indirapuram, Ghaziabad, Uttar Pradesh.

2. Mr. Saksham Rastogi, 50 year old r/o Flat no. 103, Rajouri Gardens, Indirapuram,
Ghaziabad.

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B. Buyer-
1. Mr. Shivam Singh, 49 year old, r/o 35/17, Block-B,Rajajipuram. Ghaziabad
Indirapuram, Ghaziabad.

2. Mr. Mudit Kothiwal, 45 years old, r/o Flat no. 786, Mahagun, Dasna, Opp. ABES
College, Ghaziabad, Uttar Pradesh.

SCHEDULE- I:

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ANNEXURE-I:

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ANNEXURE-II:

M/S. ARSE SOLICITATORS AND ADVOCATES

CERTIFICATE OF TITLE:

Certified that title of the property situated at flat no. RT-508,Royal Tower, Shipra
Suncity, Indirapuram, Ghaziabad, Uttar Pradesh, 201014 which is within the
limits of Municipal Corporation and within the limits of, Dist: Nigam Ghaziabad,
admeasuring about 1200 Sq. mts. And bounded as under:-

On or towards east by Windsor Apartments.


On or towards West by Swarnjayanti Park
On or towards South by Indrapuram Habitat Centre.
On or towards North by Orange County Apartments.

Is owned and possessed exclusively by the owner M/s Makhan Real Estate Pvt.
Ltd., which would be represented by Mr. Harbind Khosla, son of Mr. Chirunjilal
Khosla resident of C-19, Raj Nagar Extension, Ghaziabad, Uttar Pradesh-201020

The said property belongs to the said M/s Makhan Real Estate Pvt. Ltd., and is in
his possession. The title of the said property is clear and marketable and there are no
encumbrances. The title certificate is on the basis of search conducted from the
revenue records of last 30 years.

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ANNEXURE-III:

ENCUMBRAMCE CERTIFICATE

I Mr. Harbind Khosla, son of Mr. Chirunjilal Khosla resident of C-19, Raj Nagar
Extension, Ghaziabad, Uttar Pradesh-201020 do hereby solemnly Affirm and
declare as under:

1. That I have the absolute owner of the properties no situated in RT-508, Royal
Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh in terms of
registered deed dated 25th July, 2006 , registered as Document No. 4523 book No.
62/678 on date 25th July, 2006 , Indrapuram, Distt-Ghaziabad. Uttar Pradesh

2. That the above-mentioned property is free from all sort of encumbrances, burdens,
Loans/debts securities, mortgages, sale gifts, wakf, Daan, Rehan, Municipality Tax,
Revenue, Decree and Injunctions order and any and all other defects.

3. Non Encumbrances Certificate is required for submission in the office of Nagar


Nigam Ghaziabad.

4. That it is my true statement.

Deponent
(Mr. Harbind Khosla)

Verification: Verified at Ghaziabad, this 30th day of September 2016 that the contents
of the affidavit are true & correct to the best of my knowledge and belief and nothing
has been concealed therein.

Deponent
(Municipality officer In charge)

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